The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Skandinaviska Enskilda Banken AB (SEB) has selected its multi-award winning Global Trade Repository (GTR) service in order to meet their regulatory obligations under the Securities Financing Transactions Regulation (SFTR), which is expected to apply from April 2020. 

DER Touristik UK has appointed travel technology company, CodeGen, to provide its end-to-end reservations system, TravelBox, to power premium long-haul travel brand Kuoni in the UK market as part of its digital transformation strategy. 

The TravelBox platform, which enables travel companies to draw content from multiple sources and create bespoke, multi-centre holiday itineraries, will replace Kuoni’s current system later this year.

A bill to secure government use of IoT technologies was introduced to the United States Congress last week.

FIS™ (NYSE: FIS), a global leader in financial services technology, and Worldpay, Inc. (NYSE: WP; LSE: WPY), a global leader in eCommerce and payments, announce that they have entered into a definitive merger agreement. This combination greatly expands FIS’ capabilities by enhancing its acquiring and payment offerings and significantly increases Worldpay’s distribution footprint, accelerating its entry into new geographies.

As the threat landscape continues to evolve rapidly, it now includes increasingly sophisticated, zero-day malware that traditional security approaches can no longer keep pace with. As a result, security researchers estimate that the cost of cybercrime will outpace security spend by over 16X, reaching $2.1 trillion by the end of 2019. Staying ahead of today’s accelerated cybercrime trends requires adding artificial intelligence (AI) to an organisation’s network security strategy.

The rise of artificial intelligence

This is the second in a three-part series of articles to help US asset and hedge fund managers answer their clients’ questions about the unbundling of payments for research and trading and understand what a best in class research management system looks like.

Norwegian bank Sbanken has selected Nets to support open banking with Nets Access to Account Services (NAAS) - a single platform that enables access to banks across the Nordics and Europe.

15 months after open banking launched in the UK, consumer understanding of what it means remains low. In January this year, research showed that just 9% of British adults had used open banking services, and less than a quarter (22%) had even heard of it. 

EBS, a leading provider of electronic trading platforms and technology services in foreign exchange markets, today announced it will launch a new API streaming service on the EBS Quant Analytics platform (previously known as NEX Quant Analytics), the FX market’s largest and most comprehensive community-based analytics tool.  

FSS (Financial Software and Systems), a global digital payment and financial technology company, has launched FSS Secure3D, its new-generation adaptive authentication solution based on the EMVCo 3DS 2.0 protocol. This award-winning product is amongst the top 20 products globally, to be EMVCO 3DS 2.0 certified.